As required by the John Warner National Defense Authorization Act for Fiscal Year 2007, which added 10 USC 987, the Department of Defense (DOD) issued a regulation that implements the Military Lending Act (MLA) regarding the terms of consumer credit extended by creditors to service members and their dependents.

The Financial Crimes Enforcement Network’s (FinCEN) new customer due diligence (CDD) requirements for business accounts will be effective May 18, 2018. A recent CUNA CompBlog post examines CDD procedures and requirements.

Cornerstone Credit Union League President/CEO Caroline Willard spoke to more than 50 credit union leaders at the Austin Chapter of Credit Unions Sept. 28, where she gave the attendees an update on League activities and described her vision for the future.

The Credit Unions Care campaign is revving up for the Oct. 10 CUs Ride motorcycle tour in Little Rock. Please join us at 9:30 a.m. for the meetup at the Arkansas Credit Union Association, and together we'll caravan to the Arkansas Children's Hospital to deliver a treasure trove of stuffed dogs and miles of smiles.

Credit Union Resources has been selected to conduct two searches for the positions of vice president of lending and vice president of branch operations for AMOCO Federal Credit Union in Texas City, Texas.

The NCUA board on Thursday approved the merger of the agency’s corporate stabilization fund with its Share Insurance Fund. Under federal law, the stabilization fund has been used to provide the agency with the ability to mitigate costs from stabilizing the corporate credit union system.

The National Credit Union Foundation is now accepting donations through the online disaster relief system CUAid.coop to raise money for credit union people affected by Hurricane Maria. Credit union supporters in every state can make donations to the General Disaster Relief Fund at CUAid.